problem 1: Describe the equitable maxims.

problem 2: What is meant by the term equity?

problem 3: What is meant by the term fiduciary duty? Set out with illustrations and case law the fiduciary duties of a trustee to beneficiaries.

problem 4: Equitable remedies are discretionary. Illustrate.

problem 5: Set out the requirements in terms of formalities for the creation of a valid trust.

problem 6: What is the legal definition of charity? What problems might occur with charitable status?

problem 7: Set out the differences between a resulting and a constructive trust.

problem 8: What are the rules regarding secret and half-secret trusts and why are they utilized?